It would be just my luck to stop before I got to the good stuff. Thanks Bluesteele!

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Ok, so it's clear that the 'Finance Book Club' is at a crossroads, because, I have to admit the critiques of what's being offered here are completely valid. I may not be reviewing the most interesting books. I don't know how to improve the quality ...

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image Oh thank goodness. Now that we’re out of that horrible ride to nowhere it’s time to do what I should have done in the first place. A background check. Let’s Google ‘Jason Alan Jankovsky’ image He’s written more than one book. That’s a red ...

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Chapter 13 - The 12 choices in Executing Trades 12?! Auugh. “We need to know what the total number of choices is so we can see the best choice in the context of the other choices and of the underlying market structure.” “You need to narrow your ...

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Part 3 - Exploiting Multiple Time Frames All time frames are important to get a complete picture of the market. However, the longest time frame is the most important, and I think that’s all you really need to know? After all, if the smaller time ...

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It certainly seems that this book will not overturn Peter Caleb's thesis that we need more than books to learn how to trade. In any case I suspect he is right, but Parisboy is also right. I do this to see what's out there, and offer it in the hopes ...

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Write that book, Peter. You're wasting your time parcelling out these little pearls of wisdom amongst us swine. Once I have a book I can read I'll have the context too, ya?

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Chapter 10 - How Trader’s Lose Perspective JJ waxes philosophical about Alice in Wonderland and the misdirection of magicians, but it all boils down to trader impatience. You lose perspective when you trade on too small a time horizon and allow ...

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Chapter 9 - How Leverage Increases the Potential for Forced Liquidation Is this what you wanted to learn about? No. Me neither. Almost all traders use leverage incorrectly. They use too much and trade on too short a time frame. Leverage creates ...

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Chapter 8 - Forced Liquidation and Order Flow Nobody wants to lose, but someone has to lose. Zero sum market. Why do people take the risk? The Reason Behind Risk Taking. Because they think they will win. The traders who don’t protect themselves make ...

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Chapter 7 - Time Compression and Technical Analysis I didn’t expect this chapter at all and I’m not sure I like it. We’ve already stipulated that TA is not worth spending time on. Why compare TC to TA? Well, one reason is to add chapters to a book. ...

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Part 2 - The Theory of Time Compression At last! The good stuff? The motivating factor for people is pleasure-seeking or pain avoidance. When people are stimulated a certain way, they act (pathetically) predictably. Chapter 6 - Development of the ...

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Where have you been hiding on this website, Peter Caleb?! Yes, you should write that book. I'll take a signed copy. However, I now realize, no amount of reading will make up for the experience that you speak of. One usually must evaluate every ...

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I wager you'd be surprised. Especially if they are making money. Your broker's margins are narrower than they want you to know. Sounds like order flow to me.

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Chapter 5 - The Psychology of Initiating and Liquidating a Position In time-honoured trading book fashion, before he can get to the main course (time-compression) JJ needs to talk about something else first. JJ proposes that the psychology ...

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Indeed. I've tried one form of that, (trading against sentiment) not very successfully.

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Chapter 4 - The Illusion of TA Reading this chapter, it brought to mind the scene in every courtroom drama, where the audience knows the facts of the case already so every time counsel brings up something that both parties agree on they shout ...

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Not by me. Well, you're asking the right question. Keep in mind when I started this thread I still believed that trading was a knowledge-based activity, not a skill-based one. Reading these books has actually changed my mind about a few things. I no ...

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